ARGENTINA
CHINA
CROATIA
SLOVAKIA
GREECE
KOREA
MEXICO
SERBIA
Grupa A
ARGENTINA 3Ǧ0 SLOVAKIA Match Day 1 Ǧ 10.04.2019. Medulin 12.15h
*2$/6 .XPPHU 0HGLQD )UXWRV $5*(17,1$ 7RUUHV *. .XPPHU 4XLUR] %DUFR *LPHQH] *DXWR $OYDUH] /XQD 6RVD & $JXLUUH )UXWRV 0HQGR]D *XDOODPD &DVWUR 3RUUD )HUQDQGH] (QFLQDV 6HRDQH 0HGLQD *LD\ 6/29$.,$ âXULPD *. 8UDGQLN 'HPMDQRYLþ 1HPþHN -DããR & 6WDUHþHN =DKDUGQLN %RUWROL 6DXHU %HGQDU âXODN *DMGRã )HUHQþLN *ULJHU -XULWND 5HSD /DF]D -DYRUþHN 0LãRYLþ <(//2: &$5'6 0$1 2) 7+( 0$7&+ 7KRPDV 3RUUD 5()(5(( ,JRU 5DMNR &52 $66,67$176 -HOHQþLü &52 3DMLü &52 3,7&+ 1R 1DWXUDO JUDVV
CROATIA 1Ǧ0 CHINA Match Day 1 Ǧ 10.04.2019. $OGR 'URVLQD 3XOD K
*2$/6 *XELMDQ &52$7,$ 7DQMLü *. *XELMDQ %XLü 9LGRYLü 'L]GDUHYLü &DSDQ ýXOMDN %DWXU 5XNDYLQD & .ODQþLU 5DGXMNRYLü ,YLü 3HWURYLü %UNOMDþD 0LNROþLü /XNDQLü &+,1$ <DQ *. =KDQJ )DQJ /LX &XL <DQJ =KHQJ +RQJ]KH :X ;LH 6KXDL :X +XDQJ /L 7DQ /LQ &KHQ ;LDQJ +H <(//2: &$5'6 5XNDYLQD &URDWLD &XL <DQ &KLQD 0$1 2) 7+( 0$7&+ *DEULMHO 5XNDYLQD 5()(5(( 0DWHR ýDOLü &52 $66,67$176 %LOMXK -DNLþLü &52 WK 2)),&,$/ 6DQGUR 9HJJLDQ 3,7&+ 1R $UWLILFLDO JUDVV
ARGENTINA 3-2 CHINA Match Day 2 Ǧ 11.04.2019. Medulin 10.30h *2$/6 ;LQ 'RQJ S %DUFR /XQD 3RUUD ;LDRNH +H $5*(17,1$ $FRVWD *. 7RUUHV *. %DUFR 6RVD 7LVVLHUD (QFLQDV )HUQDQGH] 0HGLQD 0HQGR]D $JXLUUH 4XLUR] 6HRDQH & *LD\ *DXWR )UXWRV &DVWUR *XDOODPD /XQD 3RUUD &+,1$ <DQ *. &KHQ +XDQJ 'RQJ /LX /L 0LQ ;LDRNH +H & -LQJER 7DQ &XL -LDQ ;LH )DQJ 'LDR =KDQJ ;LDQJ +RQJ]KH :X <(//2: &$5'6 )UXWRV $UJHQWLQD 'RQJ ;LDRNH +H & &KLQD 0$1 2) 7+( 0$7&+ 9DOHQWLQ %DUFR 5()(5(( 0DUNR /LQLF &URDWLD $66,67$176 6DãD .DSXODU 0DUNR %DOHQ &URDWLD 3,7&+ 1R $UWLILFLDO JUDVV
CROATIA 3-2 SLOVAKIA Match Day 2 Ǧ 11.04.2019. Medulin 16.45h
*2$/6 3HWURYLü 6DXHU âXODN S 5XNDYLQD S ýXOMDN &52$7,$ 6LOLü *. .ODQþLU äDJPHãWHU %XLü 3HWURYLü 5XNDYLQD &DSDQ 'L]GDUHYLü %RGHWLü ýXOMDN 0LNROþLü %UNOMDþD 3USLü 9LGRYLü *DULü /XNDQLü %DWXU *XELMDQ ĈRORQJD & ,YLü 6/29$.,$ 5HSNR *. )HUHQþLN 8UDGQLN 'HPMDQRYLþ *DMGRã 0LãRYLü -DYRUþHN 2YãRQND âXODN & 6DXHU -DããR =DKUDGQLN .DFKQLþ -XULWND 5HSD /DF]D %RUWROL <(//2: &$5'6 0LãRYLü /DF]D 8UDGQLN 6ORYDNLD ýXOMDN 9LGRYLü &URDWLD 0$1 2) 7+( 0$7&+ *DEULMHO 5XNDYLQD 5()(5(( ,JRU 5DMNR &URDWLD $66,67$176 %XYLQLü %LOMXK &URDWLD 3,7&+ 1R $UWLILFLDO JUDVV
CROATIA 0-6 ARGENTINA Match Day 3 Ǧ 12.04.2019. Medulin 16.45h
*2$/6 *LPHQH] 6RVD )UXWRV )UXWRV *XDOODPD S )HUQDQGH] &52$7,$ 6LOLü *. *XELMDQ %XLü 9LGRYLü 'L]GDUHYLü *DULü ýXOMDN %DWXU 5XNDYLQD & 3HWURYLü &DSDQ /XNDQLü 5DGXMNRYLü .ODQþLU ,YLü %RGHWLü %UNOMDþD $5*(17,1$ 7RUUHV *. $FRVWD *. .XPPHU 0HQGR]D %DUFR $JXLUUH *LPHQH] *DXWR $OYDUH] *LD\ 6RVD & )UXWRV 6HRDQH *XDOODPD )HUQDQGH] 3RUUD &DVWUR (QFLQDV 4XLUR] 0HGLQD /XQD <(//2: &$5'6 6RVD $UJHQWLQD 0$1 2) 7+( 0$7&+ 6HUJLR )UXWRV 5()(5(( 0DULQ 9LGXOLQ $66,67$176 ýDOLü %LOMXK &URDWLD 3,7&+ 1R $UWLILFLDO JUDVV
CHINA 0-1 SLOVAKIA Match Day 3 Ǧ 12.04.2019. Medulin 12.15h
*2$/6 S $UWXU *DMGRã &+,1$ <DQ *. )DQJ &KHQ &XL & <DQJ -LDQ ;LH +DQ +DQ 'RQJ +RQJ]KH :X 6KXDL :X =KHQJ 6XGD /L 0LQ -LQJER 7DQ :HQMLH /LQ /LX 6/29$.,$ âXULPD *. 8UDGQLN 1HPþHN -DããR & 6WDUHþHN =DKDUGQLN %RUWROL -DYRUþHN %HGQDU 6DXHU 'HPMDQRYLþ -XULWND .DFKQLþ *DMGRã )HUHQþLN 5HSD /DF]D âXODN <(//2: &$5'6 +RQJ]KH :X &KLQD 0$1 2) 7+( 0$7&+ $UWXU *DMGRã 5()(5(( 'DQLMHO 6WDUþHYLü &URDWLD $66,67$176 -DNLþLü %H]HOM &URDWLD 3,7&+ 1R $UWLILFLDO JUDVV
Grupa B
SERBIA 2Ǧ3 KOREA Match Day 1 Ǧ 10.04.2019. Medulin 10.30h
*2$/6 <DQJ *OXãþHYLü 6RQ 6RQJ 9ODKRYLü 6(5%,$ 'DYLGRYLü *. 7UQLQLü 5DGRMHYLü & 7HãDQRYLü 6WHSDQRYLü ĈXUÿHYLü 6SDVRMHYLü 6WRMDQRYLü 3HWNRYLü .DELü 6PLOMNRYLü *OXãþHYLü %DåGDU 0DULVDYOMHYLü 0LUDOMHPRYLü /D]HWLü .25($ +DQ *. /HH -LVRR .LP 5DHZRR .LP &KR /HH & &KR <DQJ .DQJ 6RQJ <HRQ 6RQ +DQURN 6RQJ 6XPLQ /HH 'RQJK\HRQ /HH .LP +DQJ <(//2: &$5'6 5DGRMHYLü 3HWNRYLü 6HUELD <DQJ 6RQ 6RQJ .RUHD 0$1 2) 7+( 0$7&+ +\HRN 6RQJ 5()(5(( 9HGUDQ -HOHQþLü &52 $66,67$176 5DMNR 3DMLü 3,7&+ 1R QDWXUDO
GREECE 1Ǧ4 MEXICO Match Day 1 Ǧ 10.04.2019. Medulin 15.00h
*2$/6 &RUSXV 0DGULJDO 0RUHQR 3DWLUDV 0XUDWWDOD *5((&( %RWLV *. 7DVLRXUDV .DOOHUJLV .DWLIRULV *LDOHGDNLV .RXWVRV &KULVWRX 7VLNRV $QDVWDVLDGLV 9RODNLV 7VLDYRV 3URGURPLWLV &KDW]LLRDQQRX .RXWVLDV & 3DWLUDV .DQWHOLV 'LPRV 6P\UOLV 3DQRV 0(;,&2 7HOH] *. %DUUHUD 0DFLDV +HUQDQGH] 0H]D 0DGULJDO & 0RUHQR *RQ]DOH] $YDORV $OFDOD *XLOOHQ &RUSXV 0XUDWWDOD 2]XQD 0HGHO <(//2: &$5'6 3URGURPLWLV *UHHFH 0$1 2) 7+( 0$7&+ -HVXV +HUQDQGH] 0RUHQR 5()(5(( 6DQGUR 9HJJLDQ &52 $66,67$176 %LOMXK -DNLþLü &52 3,7&+ 1R QDWXUDO
GREECE 2Ǧ0 SERBIA Match Day 2 Ǧ 11.04.2019. Medulin 12.15h
*2$/6 3DWLUDV .RXWVLDV *5((&( 'UDQGDNLV *. .DOOHUJLV 7DVLRXUDV .DWLIRULV & .DORJHURSRXORV .RXWVRV $QDVWDVLDGLV .DQWHOLV 7VLDYRV /DQWLNDV 3DWLUDV 9RODNLV 3DQRV &KULVWRX &KDW]LLRDQQRX 7VLNRV 'LPRV .RXWVLDV 6(5%,$ 'DYLGRYLü *. 7UQLQLü 0DULVDYOMHYLü 5DGRMHYLü ĈXUÿHYLü 6WHSDQRYLü %DåGDU 6SDVRMHYLü .DELü 3HWNRYLü 0DUWLü 9ODKRYLü & 7HãDQRYLü 6WRMDQRYLü 7DQMJD 0LUDOMHPRYLü *OXãþHYLü /D]HWLü <(//2: &$5'6 .DQWHOLV /DQWLNDV *UHHFH 5DGRMHYLü 0LUDOMHPRYLü %DåGDU 6HUELD 0$1 2) 7+( 0$7&+ 3DWLUDV *UH 5()(5(( 6DãD .DSXODU &52 $66,67$176 /LQLü %DOHQ &52 3,7&+ 1R QDWXUDO
MEXICO 1Ǧ1 KOREA Match Day 2 Ǧ 11.04.2019. Medulin 12.15h
*2$/6 S 0DGULJDO 6RQJ 0(;,&2 7HOOH] *. %DUUHUD 0DFLDV 3HOD\R +HUQDQGH] 0H]D 0DGULJDO & 0RUHQR 5RTXH *RQ]DOH] $YDORV (VSLQR]D *XLOOHQ &RUSXV 2]XQD .25($ 3DUN *. .LP 5 /HH * & &KR /HH - <DQJ .DQJ 6RQJ 6RQ +\HRN .LP . +DQ .LP ' /HH ' /HH 6 6RQJ +DQURN <(//2: &$5'6 2]XQD 0RUHQR *XLOOHQ *RQ]DOH] 0H[LFR &KR .RUHD 0$1 2) 7+( 0$7&+ 6RQ .RU 5()(5(( 0DULQ %XYLQLü &52 $66,67$176 5DMNR %LOMXK &52 3,7&+ 1R DUWLILFLDO JUDVV
SERBIA 1Ǧ2 MEXICO Match Day 3 Ǧ 12.04.2019. Medulin 10.30h
*2$/6 &RUSXV &RUSXV /D]HWLü 6(5%,$ 5DNRQLü *. 7HãDQRYLü 6WHSDQRYLü ĈXUÿHYLü 9ODKRYLü & /D]HWLü 6WRMDQRYLü 3HWNRYLü .DELü 6SDVRMHYLü 7UQLQLü %DåGDU 7DQMJD 0LUDOMHPRYLü 0DULVDYOMHYLü *OXãþHYLü 6PLOMNRYLü 0(;,&2 7HOOH] *. %DUUHUD 2]XQD 0DGULJDO & $OFDOD 0HGHO 0RUHQR $YDORV *XLOOHQ 0H]D 3HOD\R *DOLQGR &RUSXV 0XUDWWDOD *R]DOH] &HGLOOR <(//2: &$5'6 6PLOMNRYLü 0LUDOMHPRYLü 3HWNRYLü *OXãþHYLü 7HOOH] $YDORV 0$1 2) 7+( 0$7&+ &RUSXV 0H[ 5()(5(( 0DWHR ýDOLü &52 $66,67$176 9LGXOLQ %LOMXK &52 3,7&+ 1R DUWLILFLDO JUDVV
KOREA 1Ǧ2 GREECE Match Day 3 Ǧ 12.04.2019. Medulin 15.00h
*2$/6 6P\UOLV .DQWHOLV /HH ' .25($ +DQ 7 *. 3DUN /HH - .LP - .LP 5 /HH * & .DQJ <DQJ /HH 6 /HH ' -HRQ 6RQ .LP ' &KR +DQ - .LP . 6RQJ +DQURN 6RQJ +\HRN *5((&( %RWLV *. 7DVLRXUDV *LDOHGDNLV &KULVWRX & 7VLNRV 'LPRV 9RODNLV $QDVWDVLDGLV .RXWVLDV .DQWHOLV 6P\UOLV .DOOHUJLV .DWLIRULV .RXWVRV .DORJHURSRXORV 3DWLUDV 3DQRV <(//2: &$5'6 7DVLRXUDV *UHHFH 0$1 2) 7+( 0$7&+ 6P\UOLV *UH 5()(5(( 0DWHM %H]HOM &52 $66,67$176 6WDUþHYLü -DNLþLü &52 3,7&+ 1R DUWLILFLDO JUDVV
Placement Matches results SERBIA 4Ǧ1 CHINA Match for 7th place Medulin 11.00hǦ 14.04.2019.
*2$/6 9ODKRYLü ;LDRNH +H /D]HWLü /D]HWLü 6SDVRMHYLü 6(5%,$ 'DYLGRYLü *. 5DGRMHYLü ĈXUÿHYLü 6WHSDQRYLü 6SDVRMHYLü 9ODKRYLü & 6PLOMNRYLü 6WRMDQRYLü 0DULVDYOMHYLü .DELü *OXãþHYLü %DåGDU /D]HWLü 0DUWLü &+,1$ <DQ *. =KDQJ &XL +XDQJ 7DQ 'RQJ ;LDQJ :X &KHQ 0LQ +H & /L 'LDR <DQJ ;LH 7DQJ /LQ /LX <(//2: &$5'6 /L /LX &KLQD 0$1 2) 7+( 0$7&+ /D]HWLü 6HU 5()(5(( 9HGUDQ -HOHQþLü &52 $66,67$176 /LQLü 3DMLü &52 3,7&+ 1R QDWXUDO
SLOVAKIA 0Ǧ1 KOREA Match for 5th place Medulin 12.15hǦ 14.04.2019. *2$/6 .LP 5DHZRR 6/29$.,$ 5HSNR *. )HUHQþLN 8UDGQLN -DããR & %RUWROL âXODN 2YãRQND 6DXHU -DYRUþHN *ULJHU =DKUDGQLN 0LãRYLþ .DFKQLþ 5HSD -XULWND 1HPþHN /DF]D *DMGRã .25($ +DQ 7 *. 3DUN 0 /HH - .LP - .LP 5 /HH * & &KR .LP . <DQJ .DQJ 6RQJ +\HRN 6RQJ +DQURN 6RQ .LP ' /HH ' /HH 6 <(//2: &$5'6 .DFKQLþ 6ORYDNLD 0$1 2) 7+( 0$7&+ .LP 5 .RU 5()(5(( 0DUNR /LQLü &52 $66,67$176 -HOHQþLü 3DMLü &52 3,7&+ 1R QDWXUDO
GREECE 1Ǧ0 CROATIA Match for 3rd place Medulin 15.00hǦ 14.04.2019. *2$/6 7VLNRV *5((&( 'UDQGDNLV *. 7DVLRXUDV *LDOHGDNLV &KULVWRX 7VLDYRV 7VLNRV &KDW]LLRDQQRX .RXWVLDV 'LPRV 6P\UOLV /DQWLNDV .DWLIRULV & .DORJHURSRXORV 3DWLUDV 9RODNLV $QDVWDVLDGLV 3DQRV .DQWHOLV &52$7,$ 7DQMLü *. .ODQþLU %XLü 5XNDYLQD & 3USLü ,YLü *DULü *XELMDQ %DWXU 'L]GDUHYLü %UNOMDþD /XNDQLü &DSDQ ĈRORQJD 3HWURYLü <(//2: &$5'6 %UNOMDþD &URDWLD 0$1 2) 7+( 0$7&+ 7VLNRV *UH 5()(5(( ,JRU 5DMNR &52 $66,67$176 %LOMXK -DNLþLü &52 3,7&+ 1R QDWXUDO
ARGENTINA 1Ǧ0 (4Ǧ2p) MEXICO Match for 1st place Medulin 16.30hǦ 14.04.2019.
*2$/6 3HOD\R *XLOOHQ $5*(17,1$ 7RUUHV *. .XPPHU 4XLUR] %DUFR *LPHQH] $OYDUH] 6RVD & )UXWRV )HUQDQGH] *XDOODPD &DVWUR 3RUUD *DXWR (QFLQDV *LD\ 0HGLQD 0(;,&2 7HOOH] *. %DUUHUD +HUQDQGH] 0H]D 0DGULJDO & 0RUHQR $YDORV 3HOD\R *XLOOHQ &RUSXV 2]XQD 0HGHO *RQ]DOH] <(//2: &$5'6 %DUFR $UJHQWLQD *RQ]DOH] 0H[LFR 0$1 2) 7+( 0$7&+ 7RUUHV $UJ 5()(5(( 0DULQ 9LGXOLQ &52 $66,67$176 %LOMXK -DNLþLü &52 3,7&+ 1R QDWXUDO
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^ĂŶƚŝĂŐŽ dŽƌƌĞƐ
ϴ͘ϭ͘ϮϬϬϰ
ϳϬ
ϲϭ
ϲϬ
ϳϬ
ůƵď ƚůĞƚŝĐŽ ^ĂŶ >ŽƌĞŶnj ĚĞ ůŵĂŐƌŽ
ϭϲ͘ϭ͘ϮϬϬϰ Ϯϯ͘ϳ͘ϮϬϬϰ ϯϭ͘ϯ͘ϮϬϬϰ Ϯϳ͘ϳ͘ϮϬϬϰ Ϯ͘Ϯ͘ϮϬϬϰ ϭϲ͘ϭ͘ϮϬϬϬ Ϯϳ͘ϲ͘ϮϬϬϰ ϭϭ͘ϭϬ͘ϮϬϬϰ
ϳϬ ϲϭ ϱϯ ϵ ϳϬ Ϯϲ ϳϬ ϲϬ
ϭϬ ϱϯ ϳϬ ϳϬ ϭϳ ϭϳ ϭϬ ϲϵ
ϭ ϳϬ Ϭ ϳϬ Ϭ Ϯϯ Ϭ Ϭ
͘ ͕ ŽůŽŶ ͘ ͘ ŽĐĂ :ƵŶŝŽƌƐ ͘ ͘ ,ƵƌĂĐĂŶ ͘ ͘ EĞǁĞůůDzƐ KůƐ ŽLJƐ ůƵď ƚůĞƚŝĐŽ ZŽƐĂƌŝŽ ĞŶƚƌĂů
ϭ
ϲ ϳϬ ϰϲ ϲϰ ϲ ϭϰ Ϯϰ ϲϰ
D/ &/ > Z^ &ĞƌŶĂŶĚŽ ůǀĂƌĞnj Ϯϲ͘ϲ͘ϮϬϬϰ džĞů ŶĐŝŶĂƐ Ϯϰ͘ϱ͘ϮϬϬϰ DĂƚĞŽ ^ĞŽĂŶĞ ϵ͘Ϯ͘ϮϬϬϰ :ƵůŝĂŶ &ĞƌŶĂŶĚĞnj ϯϬ͘ϭ͘ϮϬϬϰ ϭ ĞŶũĂŵŝŶ dŝƐƐŝĞƌĂ ϭϮ͘Ϭϴ͘ϮϬϬϰ dŽďŝĂƐ DĞĚŝŶĂ ϯ͘ϯ͘ϮϬϬϰ ϭ
ϱϲ ϲϰ ϲ ϭϰ ϳϬ ϱϲ
ϱϯ Ϯϭ ϰϰ ϲϭ Ϭ ϰϵ
ϳϬ ϲϬ ϭϳ ϮϮ Ϭ ϰϴ
Ϭ ϰϳ Ϭ ϵ Ϭ ϳϬ
͘ ͘ ƌŐĞŶƚŝŶŽƐ :ƵŶŝŽƌƐ ͘ ͘ ZŝǀĞƌ WůĂƚĞ ͘ ͘ sĞůĞnj ^ĂƌƐĨŝĞůĚ ͘ ͘ sĞůĞnj ^ĂƌƐĨŝĞůĚ ͘ ͘ ĞůŐƌĂŶŽ ůƵď ƚůĞƚŝĐŽ ^ĂŶ >ŽƌĞŶnjŽ ĚĞ ůŵĂŐƌŽ
&KZt Z :ƵĂŶ 'ĂƵƚŽ DŝƐĂĞů :ĂŝŵĞ
Ϯϰ Ϭ
ϰϰ Ϭ
ϭϳ Ϭ
ϵ Ϭ
͘ ͘ ,ƵƌĂĐĂŶ ͘ ͘ EĞǁĞůůDzƐ KůƐ ŽLJƐ
ϰϲ Ϯϰ ϱϲ ϰϲ ϭϰ
Ϯϭ ϰϵ Ϯϲ Ϯϲ ϰϰ
ϰϴ ϮϮ ϰϴ ϱϯ Ϯ
ϰϳ Ϯϯ ϲϭ ϲϭ Ϭ
͘ ͘ ZŝǀĞƌ WůĂƚĞ ͘ ͘ sĞůĞnj ^ĂƌƐĨŝĞůĚ ůƵď ƚůĞƚŝĐŽ ^ĂŶ >ŽƌĞŶnjŽ ĚĞ ůŵĂŐƌŽ ůƵď ͘ dĂůůĞƌĞƐ ĚĞ ŽƌĚŽďĂ ŶŽ ŶĂŵĞ
& E Z^ >ĞĂŶĚƌŽ YƵŝƌŽnj sĂůĞŶƚŝŶ ĂƌĐŽ >ĞĂŶĚƌŽ 'ŝŵĞŶĞnj &ĞĚĞƌŝĐŽ ^ŽƐĂ 'ŽŶnjĂůŽ ŐƵŝƌƌĞ ŐƵƐƚŝŶ 'ŝĂLJ >ƵĐĂƐ DĞŶĚŽnjĂ dŽŵĂƐ <ƵŵŵĞƌ
ŝĞŐŽ 'ƵĂůůĂŵĂ ^ĂŶƚŝĂŐŽ ĂƐƚƌŽ dŽŵĂƐ WŽƌƌĂ ^ĞƌŐŝŽ &ƌƵƚŽƐ EĂŚƵĞů >ƵŶĂ
Ϯ͘ϲ͘ϮϬϬϰ ϭϯ͘ϭ͘ϮϬϬϰ ϴ͘ϭ͘ϮϬϬϰ ϭϴ͘ϵ͘ϮϬϬϰ ϵ͘ϭ͘ϮϬϬϰ ϭ͘ϯ͘ϮϬϬϰ
ϭ ϭ ϭ ϰ
ϭ Ϯ ϯ
' с ŐŽĂů͖ Ϭ с ƵŶƵƐĞĚ ƐƵďƐƚŝƚƵƚĞ ͖
ůƵď ͘ dĂůůĞƌĞƐ ĚĞ ŽƌĚŽďĂ ůƵď ͘ dĂůůĞƌĞƐ ĚĞ ŽƌĚŽďĂ
^d d/^d/ ^
< z & dhZ ^
K , dŚĞ ƚŽƵƌŶĂŵĞŶƚ ǁĂƐ ŽƌŐĂŶŝnjĞĚ ŝŶ ĂŶ ĞdžĐĞůůĞŶƚ ǁĂLJ ʹ ĂŶĚ͕ ǁŚĂƚ͛Ɛ ŵŽƐƚ ŝŵƉŽƌƚĂŶƚ ĨŽƌ ƵƐ͕ ƚŚĞƌĞ ǁĞƌĞ Ă ůŽƚ ŽĨ ƐƚƌŽŶŐ ƚĞĂŵƐ ƚŚĂƚ ƐŚŽǁĞĚ ƵƐ ƚŚĞ ĚŝƌĞĐƚŝŽŶ ǁĞ ƐŚŽƵůĚ ďĞ ŵŽǀŝŶŐ ŝŶ͕ ĂƐ ǁĞůů ĂƐ ǁŚĞƌĞ ǁĞ ƐƚĂŶĚ ƌŝŐŚƚ ŶŽǁ ŝŶ ƌĞůĂƚŝŽŶ ƚŽ ƐŽŵĞ ŽĨ ƚŚĞ ǁŽƌůĚ͛Ɛ ďĞƐƚ ƚĞĂŵƐ͘ dŚŽƵŐŚ ŽƵƌ ŵĂƚĐŚĞƐ ƌĞƐƵůƚĞĚ ŝŶ ĂŶ ĞdžĐĞůůĞŶƚ ƉůĂĐĞŵĞŶƚ͕ ƚŚŝƐ ŝƐ ůĞƐƐ ŝŵƉŽƌƚĂŶƚ ƚŽ ƵƐ Ăƚ ƚŚŝƐ ĂŐĞ͕ ƚŚŽƵŐŚ ŝƚ ŝƐ ŽĨ ĐŽƵƌƐĞ ŶŽƚ ǁŚŽůůLJ ŝƌƌĞůĞǀĂŶƚ͘ tŝƚŚ ƌĞŐĂƌĚƐ ƚŽ ŽƵƌ ĐůĞĂƌ ŝĚĞĂ ŽĨ ƚŚĞ ŐĂŵĞ͕ ǁĞ ĐŽůůĞĐƚŝǀĞůLJ ƉůĂLJĞĚ ǀĞƌLJ ǁĞůů͕ ĂŶĚ ƚŚŝƐ ƐŚŽǁƐ ƵƐ ƚŚĞ ĚŝƌĞĐƚŝŽŶ ŝŶ ǁŚŝĐŚ ǁĞ ŶĞĞĚ ƚŽ ŵŽǀĞ ŝŶ ŝŶ ŽƌĚĞƌ ƚŽ ďĞ ƐƵĐĐĞƐƐĨƵů Ăƚ ĨƵƚƵƌĞ ƚŽƵƌŶĂŵĞŶƚƐ ;ĂůŽŶŐ ǁŝƚŚ ĂůƐŽ ǁŝĚĞŶŝŶŐ ĂŶĚ ƵƉĚĂƚŝŶŐ ŽƵƌ ƐƋƵĂĚ ůŝƐƚͿ͘ ůĞũĂŶĚƌŽ ^ĂŐŐĞƐĞ
dĞĂŵ ^ŚĂƉĞ ĞĨĞŶĚŝŶŐ ƚƚĂĐŬŝŶŐ
Z ^h>d^
ƌŐĞŶƚŝŶĂͲ^ůŽǀĂŬŝĂ ϯ͗Ϭ͖ ƌŐĞŶƚŝŶĂͲ ŚŝŶĂ ϯ͗Ϯ͖ ƌŐĞŶƚŝŶĂͲ ƌŽĂƚŝĂ ϲ͗Ϭ
,/E 'ƌŽƵƉ ƌŐĞŶƚŝŶĂ ͬ ƌŽĂƚŝĂ ͬ ŚŝŶĂ ͬ ^ůŽǀĂŬŝĂ
^Yh W> z Z
KZE
'
ZK ϬͲϭ
Z' ϮͲϯ
^s< ϬͲϭ
^Z ϭͲϰ
>h
ϳϬ
^ŚĞŶnjŚĞŶ &
dĂŽǁĞŶ zĂŶ
Ϭϲ͘Ϭϯ͘Ϭϰ͘
ϳϬ
ϳϬ
ϳϬ
,ĂŽ >ŝ :ƵĞ ŚĞŶ zŝŶŐŬĂŝ ŚĂŶŐ zƵĂŶ &ĂŶŐ yŝŶůĞŝ EŝĞ yŝŶŐůŽŶŐ Ƶŝ ĞũŝĂŶŐ zĂŶŐ :ƵŶLJƵ ŚĞŶ WĞŝnjŚĂŽ ,ƵĂŶŐ :ŝĂǁĞŶ ,ĂŶ
Ϭϲ͘Ϭϯ͘Ϭϰ͘ Ϭϵ͘Ϭϭ͘Ϭϰ͘ Ϯϴ͘ϬϮ͘Ϭϰ͘ ϭϱ͘ϭϬ͘Ϭϰ͘ Ϯϯ͘ϬϮ͘Ϭϰ͘ ϭϱ͘ϭϭ͘Ϭϰ͘ ϯϭ͘Ϭϴ͘Ϭϰ͘ Ϯϯ͘Ϭϱ͘Ϭϰ͘ Ϯϲ͘ϬϮ͘Ϭϰ͘ Ϯϴ͘Ϭϲ͘Ϭϰ͘
Ϭ Ϭ ϳϬ ϰϯ Ϭ ϳϬ ϲϰ ϲ Ϯϳ Ϭ
Ϭ Ϯϯ Ϭ ϴ Ϭ Ϯϯ Ϭ Ϭ ϳϬ Ϭ
Ϭ Ϭ Ϭ ϲϯ Ϭ ϳϬ ϰϭ ϳ Ϯϵ ϰϭ
Ϭ ϳϬ ϯϰ Ϭ ϳϬ ϭϰ ϯϰ Ϯϴ Ϭ
ĞŝũŝŶŐ tĂŶĚĂ tƵŚĂŶ ^ŚĂŶŐǁĞŶ ^ŚĂŶĚŽŶŐ >ƵŶĞŶŐ ^ŚĂŶŐŚĂŝ yŝŶŐLJƵŶdžŝŶŐ ĂůŝĂŶ ,ƵŝĚĂdžŝĂŶŐLJŝ ^ŚĞŶnjŚĞŶ & ^ŚĞŶnjŚĞŶ & ĞŝũŝŶŐ ZĞŶŚĞ 'ƵĂŶŐnjŚŽƵ &Ƶůŝ ^ŚĂŶŐŚĂŝ ^ŚĞŶŚƵĂ
Ϭ
ϳϬ
ϳϬ
ϱϲ
ĞŝũŝŶŐ tĂŶĚĂ
Ϭ ϰϯ Ϭ ϰϯ Ϯϳ Ϭ ϳϬ ϯϳ Ϭ ϳϬ ϲ Ϭ
Ϭ ϯϴ Ϭ Ϭ ϲϮ ϳϬ ϴ ϳϬ Ϭ ϰϳ Ϭ ϰϳ
Ϭ ϳϬ Ϭ ϱϭ ϭϵ ϳ ϳϬ Ϭ Ϭ ϲϯ ϭϵ Ϭ
Ϭ ϯϲ Ϭ Ϭ ϭϰ ϳϬ ϭϰ ϱϲ Ϭ ϰϮ Ϭ ϱϲ
ŚĂŶŐĐŚƵŶ zĂƚĂŝ YŝŶŐĚĂŽ & ^ŚĞŶnjŚĞŶ & tƵŚĂŶ ^ŚĂŶŐǁĞŶ ŚĂŶŐĐŚƵŶ zĂƚĂŝ ĞŝũŝŶŐ ZĞŶŚĞ YŝŶŐĚĂŽ ŚŽŶŐŶĞŶŐ ^ŚĂŶĚŽŶŐ >ƵŶĞŶŐ ŚĂŶŐĐŚƵŶ zĂƚĂŝ :ŝĂŶŐƐƵ ^ƵŶŝŶŐ ,ĞŶĂŶ :ŝĂŶLJĞ 'ƵĂŶŐnjŚŽƵ &Ƶůŝ
yŝŶ ŽŶŐ
ϮϮ͘Ϭϲ͘Ϭϰ͘
ƌŚĂŝ zĂŶŐ ,ŽŶŐnjŚĞ tƵ zŽŶŐũŝĞ tƵ ^ŚƵĂŝ tƵ ZƵŝĐŚĞŶ >ŝƵ zŝŶŚĂŶ DŝŶ ^ƵĚĂ >ŝ yŝĂŽŬĞ ,Ğ :ŝĂLJŝ ZĞŶ :ŝŶŐďŽ dĂŶ :ƵŶǁĞŝ ŚĞŶŐ :ŝĂŚĂŽ ŝĂŽ
Ϭϱ͘Ϭϴ͘Ϭϰ͘ ϭϯ͘Ϭϰ͘Ϭϰ͘ Ϭϯ͘Ϭϯ͘Ϭϰ͘ Ϭϳ͘Ϭϯ͘Ϭϰ͘ ϭϰ͘Ϭϴ͘Ϭϰ͘ ϭϰ͘Ϭϱ͘Ϭϰ͘ Ϭϵ͘ϬϮ͘Ϭϰ͘ Ϯϭ͘Ϭϭ͘Ϭϰ͘ ϭϬ͘Ϭϭ͘Ϭϰ͘ ϭϵ͘Ϭϲ͘Ϭϰ͘ ϭϬ͘Ϭϭ͘Ϭϰ͘ Ϭϴ͘ϬϮ͘Ϭϰ͘
ϭ
Ϯ
:ŝĂŶ yŝĞ
ϭϯ͘Ϭϰ͘Ϭϰ͘
Ϯϳ
ϲϮ
Ϯϵ
ϯϲ
'ƵĂŶŐnjŚŽƵ &Ƶůŝ
tĞŶũŝĞ >ŝŶ ZŽŶŐũƵŶ yŝĂŶŐ
ϭϴ͘Ϭϱ͘Ϭϰ͘ ϯϭ͘Ϭϯ͘Ϭϰ͘
ϲϰ ϯϯ
Ϭ ϯϮ
ϱϭ Ϭ
ϱϲ ϭϰ
tƵŚĂŶ ^ŚĂŶŐǁĞŶ ^ŚĂŶŐŚĂŝ yŝŶŐLJƵŶdžŝŶŐ
' с ŐŽĂů͖ Ϭ с ƵŶƵƐĞĚ ƐƵďƐƚŝƚƵƚĞ ͖
^d d/^d/ ^
< z & dhZ ^
K , dŚĞ ƚŽƵƌŶĂŵĞŶƚ ǁĂƐ ĞdžĐĞůůĞŶƚůLJ ŽƌŐĂŶŝnjĞĚ͖ ƚŚĞ ŚŽƚĞůƐ͕ ƚŚĞ ƉŝƚĐŚĞƐ͕ ƚŚĞ ƚƌĂŶƐƉŽƌƚ ǁĞƌĞ ŽŶ Ă ǀĞƌLJ ŐŽŽĚ ůĞǀĞů͘ dŚŝƐ ƚŽƵƌŶĂŵĞŶƚ ŐĂǀĞ ƵƐ ƚŚĞ ďĞƐƚ ĞdžƉĞƌŝĞŶĐĞ ŽƵƌ ƚĞĂŵ ŚĂƐ ŚĂĚ ƐŽ ĨĂƌ ďĞĐĂƵƐĞ ǁĞ ǁĞƌĞ ƉůĂLJŝŶŐ ĂŐĂŝŶƐƚ ƐƚƌŽŶŐ ƚĞĂŵƐ ĨƌŽŵ ƵƌŽƉĞ ĂŶĚ ƚŚĞ ǁŽƌůĚ͕ ƐŽ ǁĞ ĐŽƵůĚ ƐĞĞ ƚŚĞ ůĞǀĞů Ăƚ ǁŚŝĐŚ ƚŚĞLJ ĂƌĞ ĐƵƌƌĞŶƚůLJ ŝŶ ĐŽŵƉĂƌŝƐŽŶ ƚŽ ƵƐ͘ ůƐŽ͕ ƚŚŝƐ ƚŽƵƌŶĂŵĞŶƚ ǁĂƐ Ă ŐƌĞĂƚ ĞdžƉĞƌŝĞŶĐĞ ŝŶ ƚĞƌŵƐ ŽĨ ďƵŝůĚŝŶŐ ŵĞŶƚĂů ƐƚƌĞŶŐƚŚ ďĞĐĂƵƐĞ ǁĞ ůŽƐƚ ϰ ƚŝŵĞƐ͕ ǁŚŝĐŚ ŐĂǀĞ ƵƐ ƚŚĞ ŽƉƉŽƌƚƵŶŝƚLJ ƚŽ ůĞĂƌŶ ĂŶĚ ǁŽƌŬ ŽŶ ŽƵƌƐĞůǀĞƐ ƐŽ ƚŚĂƚ ǁĞ ĐĂŶ ĐŽŶƚŝŶƵĞ ƚŽ ďƵŝůĚ ŽƵƌ ƉĂƚŚ ǁŝƚŚ ƚŚĞ ĨĂŝƚŚ ƚŚĂƚ ŽŶĞ ĚĂLJ ǁĞ ǁŝůů ďĞ ŽŶ ƉĂƌ ǁŝƚŚ ƚĞĂŵƐ ůŝŬĞ ƚŚĞƐĞ͘
ůĨƌĞĚŽ ^ĂŶƚĂ ůĞŶĂ ŐƵĂĚŽ
dĞĂŵ ^ŚĂƉĞ ĞĨĞŶĚŝŶŐ ƚƚĂĐŬŝŶŐ
Z ^h>d^
ŚŝŶĂͲ ƌŽĂƚŝĂ Ϭ͗ϭ͖ ŚŝŶĂͲ ƌŐĞŶƚŝŶĂ Ϯ͗ϯ͖ ŚŝŶĂͲ^ůŽǀĂŬŝĂ Ϭ͗ϭ
^>Ks </ 'ƌŽƵƉ ƌŐĞŶƚŝŶĂ ͬ ƌŽĂƚŝĂ ͬ ŚŝŶĂ ͬ ^ůŽǀĂŬŝĂ
^Yh W> z Z
KZE
'
Z' ϬͲϯ
ZK ϮͲϯ
',E ϭͲϬ
<KZ ϬͲϭ
>h
'K >< W Z^ 0LFKDO âXULPD 0D[LPLOLiQ 5HSNR
Ϯϱ͘ϬϮ͘Ϭϰ͘ ϭϳ͘ϬϮ͘Ϭϰ͘
ϳϬ Ϭ
Ϭ ϳϬ
ϳϬ Ϭ
Ϭ ϳϬ
dĂƚƌĂŶ WƌĞƓŽǀ & <ŽƓŝĐĞ
& E Z^ 7RPiã -DããR 3DYRO 1HPþHN 9LNWRU ÒUDGQtN 0LFKDO =iKUDGQtN
Ϭϰ͘Ϭϯ͘Ϭϰ͘ ϭϵ͘ϬϮ͘Ϭϰ͘ ϭϭ͘Ϭϴ͘Ϭϰ͘ ϮϬ͘Ϭϭ͘Ϭϰ͘
ϳϬ ϳϬ ϲϰ ϭϵ
ϭ Ϭ ϯϰ ϳϬ
ϳϬ ϳ ϳϬ ϭϮ
ϳϬ Ϭ ϭϲ ϱϰ
Da< ŝůŝŶĂ D&< ZƵǎŽŵďĞƌŽŬ D&< ZƵǎŽŵďĞƌŽŬ D&< ZƵǎŽŵďĞƌŽŬ
'iYLG 2YãRQND
ϭϳ͘Ϭϭ͘Ϭϰ͘
Ϭ
ϳϬ
Ϭ
ϳϬ
^ dƌĞŶēşŶ
$OH[ )HUHQþtN 7RPiã .DFKQLþ 5yEHUW 6WDUHþHN
Ϯϴ͘Ϭϭ͘Ϭϰ͘ ϯϬ͘Ϭϯ͘Ϭϰ͘ Ϭϭ͘Ϭϱ͘Ϭϰ͘
ϲ Ϭ ϱϭ
ϯϲ ϳϬ Ϭ
Ϭ ϭ ϱ
ϱϰ ϲϱ ϴϬ
& ^ƉĂƌƚĂŬ dƌŶĂǀĂ a< ^ůŽǀĂŶ ƌĂƚŝƐůĂǀĂ & EŝƚƌĂ
D/ &/ > Z^ 0LNXOiã 'HPMDQRYLþ 6DPXHO âXĐiN 0iULR 6DXHU /HRQDUGR %RUWROL 6DPXHO -DYRUþHN $UWXU *DMGRã 6DPXHO %HGQiU 0DUWLQ 5HSD
ϭϬ͘ϬϮ͘Ϭϰ͘ ϭϮ͘Ϭϱ͘Ϭϰ͘ ϭϱ͘Ϭϱ͘Ϭϰ͘ ϭϱ͘Ϭϭ͘Ϭϰ͘ Ϭϵ͘ϬϮ͘Ϭϰ͘ ϮϬ͘Ϭϭ͘Ϭϰ͘ ϯϬ͘Ϭϰ͘Ϭϰ͘ Ϭϯ͘Ϭϯ͘Ϭϰ͘
ϲ ϯϰ ϯϰ ϯϲ ϯϲ ϲϰ ϯϲ ϱϱ
ϱϬ ϳϬ ϲϵ ϮϬ ϭϭ ϮϬ Ϭ ϭϭ
ϯϲ ϳϬ ϯϲ ϲϵ ϭ ϳϬ ϯϰ ϯϲ
Ϭ ϭϲ ϳϬ ϱϰ ϱϰ ϭϲ Ϭ ϱ
& dĂƚƌĂŶ WƌĞƓŽǀ & dĂƚƌĂŶ WƌĞƓŽǀ Da< ŝůŝŶĂ Da< ŝůŝŶĂ Da< ŝůŝŶĂ ^ dƌĞŶēşŶ ^ dƌĞŶēşŶ & ^ƉĂƌƚĂŬ dƌŶĂǀĂ
0DUWLQ 0LãRYLDþ
ϮϮ͘Ϭϭ͘Ϭϰ͘
ϯϰ
ϱϵ
Ϭ
ϵ
a< ^ůŽǀĂŶ ƌĂƚŝƐůĂǀĂ
$OH[ /DF]D
ϭϳ͘Ϭϲ͘Ϭϰ͘
ϭϱ
ϱϬ
ϯϰ
ϱϰ
'LJƂƌŝ dK &
&KZt Z ĚĂŵ 'ƌşŐĞƌ WĞƚĞƌ :ƵƌŝƚŬĂ
ϭϲ͘Ϭϯ͘Ϭϰ͘ ϯϭ͘Ϭϳ͘Ϭϰ͘
ϱϭ ϭϵ
Ϭ ϱϵ
Ϭ ϯϴ
ϭϲ ϲϭ
ĞůƚĂ tĂƌƐnjĂǁĂ
ϭ ϭ
ϭ
' с ŐŽĂů͖ Ϭ с ƵŶƵƐĞĚ ƐƵďƐƚŝƚƵƚĞ ͖
^d d/^d/ ^
< z & dhZ ^
K , dŚĞ ƚŽƵƌŶĂŵĞŶƚ ŝƐ ĞdžĐĞůůĞŶƚ ʹ ŐƌĞĂƚ ƚĞĂŵƐ͕ ĚŝĨĨĞƌĞŶƚ ƐƚLJůĞƐ͕ ĂŶĚ ƉŚŝůŽƐŽƉŚŝĞƐ ŽĨ ƉůĂLJŝŶŐ͘ /ƚ ǁĂƐ Ă ďŝŐ ĞdžƉĞƌŝĞŶĐĞ ĨŽƌ ƵƐ ĂŶĚ ĐĂŶ ŚĞůƉ ƵƐ ŝŶ ĚĞǀĞůŽƉŝŶŐ͘ dŚĞ ǁĂLJ ƚŚĞ ƚŽƵƌŶĂŵĞŶƚ ǁĂƐ ŽƌŐĂŶŝnjĞĚ ǁĂƐ ĂůƐŽ ĞdžĐĞůůĞŶƚ͘ tĞ ǁĞƌĞ ƵŶůƵĐŬLJ ǁŝƚŚ ƚŚĞ ǁĞĂƚŚĞƌ ;ǁŝŶĚ ĂŶĚ ƌĂŝŶͿ͕ ďĞĐĂƵƐĞ ŽĨ ǁŚŝĐŚ ƚŚĞ ŶĂƚƵƌĂů ŐƌĂƐƐ ƉŝƚĐŚĞƐ ǁĞƌĞ ŶŽƚ ŝŶ ĂŶ ŝĚĞĂů ĐŽŶĚŝƚŝŽŶ͕ ďƵƚ ŝƚ͛Ɛ ŐŽŽĚ ƚŚĂƚ ǁĞ ĐŽƵůĚ ƉůĂLJ ƐŽŵĞ ŽĨ ƚŚĞ ŵĂƚĐŚĞƐ ŽŶ ĂƌƚŝĨŝĐŝĂů ƚƵƌĨƐ ŝŶ ŽƌĚĞƌ ƚŽ ƉůĂĐĞ ƚŚĞ ĂƚƚĞŶƚŝŽŶ ŽŶ ŬŶŽǁůĞĚŐĞ ĂŶĚ ƐƚƌĂƚĞŐLJ͘ tĞ͛ƌĞ ĚĞĨŝŶŝƚĞůLJ ŚĂƉƉLJ ƚŚĂƚ ǁĞ͛ǀĞ ŚĂĚ ƚŚĞ ŽƉƉŽƌƚƵŶŝƚLJ ƚŽ ĐŽŵƉĞƚĞ Ăƚ ƚŚŝƐ ƚŽƵƌŶĂŵĞŶƚ͘ / ƚŚŝŶŬ ƚŚĞ ƉůĂLJĞƌƐ͛ ĂƉƉƌŽĂĐŚ ĂŶĚ ƚŚĞ ǁĂLJ ƚŚĞLJ ĚŝƐƉůĂLJĞĚ ƚŚĞ ŝĚĞĂƐ ŽĨ ƚŚĞ ŐĂŵĞ ǁĞƌĞ ŐŽŽĚ͕ ĞƐƉĞĐŝĂůůLJ ĂƐ ǁĞ ǁĞƌĞ ĐŽŵƉĞƚŝŶŐ ĂŐĂŝŶƐƚ ƐƚƌŽŶŐ ŽƉƉŽŶĞŶƚƐ͘ ,ŽǁĞǀĞƌ͕ ƚŚĞŝƌ ŐŽŽĚ ĞĨĨŽƌƚƐ ǁĞƌĞ ƵŶĨŽƌƚƵŶĂƚĞůLJ ŶŽƚ ƌĞǁĂƌĚĞĚ ďLJ ƌĞƐƵůƚƐ͘
DĂƌƚŝŶ ĂŵďĂ
dĞĂŵ ^ŚĂƉĞ ĞĨĞŶĚŝŶŐ ƚƚĂĐŬŝŶŐ
Z ^h>d^
^ůŽǀĂŬŝĂͲ ƌŐĞŶƚŝŶĂ Ϭ͗ϯ͖ ^ůŽǀĂŬŝĂͲ ƌŽĂƚŝĂ Ϯ͗ϯ͖ ^ůŽǀĂŬŝĂͲ ŚŝŶĂ ϭ͗Ϭ
D y/ K 'ƌŽƵƉ 'ƌĞĞĐĞ ͬ <ŽƌĞĂ ͬ DĞdžŝĐŽ ͬ ^ĞƌďŝĂ
^Yh W> z Z
KZE
' 'Z <KZ ^Z
Z'
>h
ϰͲϭ ϭͲϭ ϮͲϭ ϭͲϭ;ϮͲϰƉͿ 'K >< W Z^ (OLFHULR &RURQDGR 5REHUWR 0DQXHO :ŽƐĠ ŶŐĞů ƵůŽŐŝŽ dĠůůĞnj
Ϭϱ͘Ϭϭ͘Ϭϰ͘ ϭϭ͘ϬϮ͘Ϭϰ͘
Ϭ ϳϬ
Ϭ ϳϬ
Ϭ ϳϬ
Ϭ ϳϬ
DŽŶƚĞƌƌĞLJ WĂĐŚƵĐĂ
Ϭ ϳϬ Ϭ ϳϬ ϳϬ
ϭϱ ϳϬ Ϭ ϳϬ ϳϬ
ϳϬ ϭϳ ϳϬ ϱϯ Ϭ
ϳϬ ϳϬ Ϭ ϳϬ ϳϬ
ƚůĂƐ ƚůĂƐ ŵĠƌŝĐĂ 'ƵĂĚĂůĂũĂƌĂ DŽƌĞůŝĂ
& E Z^ 'DQLHO ,VUDHO $OYDUDGR 3HOD\R $QGUpV %HFHUUD 0H]D -RVp 0DQXHO *DUFtD *DOLQGR -DYLHU 'H -HV~V *XHUUHUR %DUUHUD *XVWDYR -HV~V *X]PiQ +HUQiQGH]
ϭϴ͘Ϭϵ͘Ϭϰ͘ ϭϭ͘ϬϮ͘Ϭϰ͘ ϭϯ͘Ϭϯ͘Ϭϰ͘ Ϯϲ͘ϭϬ͘Ϭϰ͘ Ϭϱ͘Ϭϴ͘Ϭϰ͘
'DYLG -DUHW /ySH] &HGLOOR
Ϯϭ͘Ϭϭ͘Ϭϰ͘
Ϭ
Ϭ
ϳϬ
Ϭ
dŽůƵĐĂ
(ULN $OHMDQGUR 0RQWDxp] 0DFtDV
Ϯϳ͘Ϭϲ͘Ϭϰ͘
ϳϬ
ϱϱ
Ϭ
Ϭ
DŽŶƚĞƌƌĞLJ
Ϯϱ ϯϰ ϳϬ ϲϵ ϭ Ϭ
Ϭ Ϭ ϳϬ ϳϬ Ϭ ϭϱ
ϭϳ ϳϬ ϱϯ ϳϬ ϰϰ Ϭ
Ϭ ϯϰ ϳϬ ϳϬ Ϭ Ϭ
^ƚŽĐŬƚŽŶ > hE D D͘ DŽƌĞůŝĂ ƚůĂƐ WƵĞďůĂ &͘ ͘ ^ĂŶƚŽƐ
D/ &/ > Z^ $OFDOD $OHMDQGUR &DUUHyQ 0HGHO 0LJXHO ÈQJHO &RQHMR 0DGULJDO -XDQ /XLV 0DGULJDO &RUSXV .HYLQ (GXDUGR 7RUUHV 0XUDWDOOD '\ODQ 5DIDHO 9HJD (VSLQR]D /XLV $OHMDQGUR
ϭ
ϮϬ͘ϭϬ͘ϮϬϬϱ Ϯϰ͘ϱ͘ϮϬϬϰ ϯ͘Ϯ͘ϮϬϬϰ Ϯ ϮϮ͘ϭ͘ϮϬϬϰ ϯ ϯ͘Ϯ͘ϮϬϬϰ ϭ Ϯϭ͘ϭ͘ϮϬϬϰ
&KZt Z $QJHO $YDORV 0LJXHO %U\DQ $DUyQ &DVDV 5RTXH
Ϯϯ͘Ϭϵ͘Ϭϰ͘ Ϯϭ͘ϭϬ͘Ϭϰ͘
ϰϱ Ϭ
ϱϱ Ϯϴ
Ϯϲ Ϭ
ϭϴ Ϭ
WĂĐŚƵĐĂ EĞĐĂdžĂ
5D~O $OHMDQGUR &KiYH] *RQ]iOH]
ϭϱ͘Ϭϭ͘Ϭϰ͘
Ϯϱ
ϲ
Ϯϲ
ϳϬ
hE D
&DUORV (GXDUGR &UX] *XLOOpQ -XDQ 3DEOR *RQ]iOH] 2]XQD -HV~V +HUQDQGH] 0RUHQR
ϭϬ͘Ϭϭ͘Ϭϰ͘ ϭϭ͘ϬϮ͘Ϭϰ͘ Ϭϵ͘Ϭϭ͘Ϭϰ͘
ϳϬ ϯϲ ϰϱ
ϳϬ ϳϬ ϯϲ
ϱϯ ϭϳ ϰϰ
ϳϬ ϯϲ ϱϮ
ƚůĂƐ dŽůƵĐĂ YƵĞƌĠƚĂƌŽ
ϭ
' с ŐŽĂů͖ Ϭ с ƵŶƵƐĞĚ ƐƵďƐƚŝƚƵƚĞ ͖
^d d/^d/ ^
< z & dhZ ^
K , dŚĞ ƚŽƵƌŶĂŵĞŶƚ ŝƐ ŽŶ ĂŶ ĞdžĐĞůůĞŶƚ ůĞǀĞů͕ ďŽƚŚ ŝŶ ƚĞƌŵƐ ŽĨ ŽƌŐĂŶŝnjĂƚŝŽŶ ĂŶĚ ŽĨ ƚĞĂŵ ƋƵĂůŝƚLJ ʹ Ă ůŝƚƚůĞ tŽƌůĚ ƵƉ͘ tŚĂƚ͛Ɛ ŝŵƉŽƌƚĂŶƚ ƚŽ ŶŽƚĞ ŝƐ ƚŚĂƚ ĞĂĐŚ ŵĂƚĐŚ Ăƚ ƚŚŝƐ ƚŽƵƌŶĂŵĞŶƚ ǁĂƐ ŽŶ Ă ŚŝŐŚ ůĞǀĞů͕ ǁŚŝĐŚ ŝƐ ĐŽŵƉĂƌĂďůĞ ƚŽ ŵƵĐŚ ŽůĚĞƌ ĂŐĞ ƌĂŶŐĞƐ͘ dŚŝƐ ƚĞůůƐ ƵƐ ǁŚĂƚ Ă ŚŝŐŚͲƋƵĂůŝƚLJ ƚŽƵƌŶĂŵĞŶƚ ƚŚŝƐ ŝƐ͘ 'ĂŵĞƌŽ sŝůůĂůŽďŽƐ DŝŐƵĞů ŶŐĞů
dĞĂŵ ^ŚĂƉĞ ĞĨĞŶĚŝŶŐ ƚƚĂĐŬŝŶŐ
Z ^h>d^
DĞdžŝĐŽͲ'ƌĞĞĐĞ ϰ͗ϭ͖ DĞdžŝĐŽͲ<ŽƌĞĂ ϭ͗ϭ͖ DĞdžŝĐŽͲ^ĞƌďŝĂ Ϯ͗ϭ
'ƌŽƵƉ 'ƌĞĞĐĞ ͬ <ŽƌĞĂ ͬ DĞdžŝĐŽ ͬ ^ĞƌďŝĂ
^Yh W> z Z
KZE
'
D y
^Z
<KZ
ZK
ϭͲϰ
ϮͲϬ
ϮͲϭ
ϭͲϬ
>h
'K >< W Z^ EŝŬŽůĂŽƐ ŽƚŝƐ sĂƐŝůĞŝŽƐ ƌĂŶĚĂŬŝƐ
ϯϭ͘Ϭϯ͘Ϭϰ͘ Ϯϯ͘Ϭϲ͘Ϭϰ͘
ϳϬ Ϭ
Ϭ ϳϬ
ϳϬ Ϭ
Ϭ ϳϬ
W K< WĂŶĂƚŚŝŶĂŝŬŽƐ
& E Z^ ^ƉLJƌŝĚŽŶ <ĂƚŝĨŽƌŝƐ ůĞĨƚŚĞƌŝŽƐ dĂƐŝŽƵƌĂƐ ŚƌŝƐƚŽƐ <ĂůůĞƌŐŝƐ DŝĐŚĂŝů 'ŝĂůĞĚĂŬŝƐ EŝŬŽůĂŽƐ ŚƌŝƐƚŽƵ
Ϯϭ͘Ϭϯ͘Ϭϰ͘ Ϭϭ͘Ϭϯ͘Ϭϰ͘ ϭϯ͘Ϭϲ͘Ϭϰ͘ Ϭϳ͘ϬϮ͘Ϭϰ͘ Ϯϲ͘Ϭϭ͘Ϭϰ͘
ϯϰ ϳϬ ϯϲ ϲϰ ϳϬ
ϳϬ ϲ ϲϰ Ϭ ϭϱ
ϳϬ ϳϬ ϲ ϳϬ ϳϬ
ϳϬ ϳϬ ϳϬ Ϭ ϲϮ
KůLJŵƉŝĂŬŽƐ W K< WĂŶĂƚŚŝŶĂŝŬŽƐ KůLJŵƉŝĂŬŽƐ KůLJŵƉŝĂŬŽƐ
ůĞdžĂŶĚƌŽƐ <ŽƵƚƐŽƐ
ϭϰ͘ϬϮ͘Ϭϰ͘
ϲ
ϳϬ
ϱϮ
Ϭ
yĂŶƚŚŝ Ž
ůĞdžŝŽƐ <ĂůŽŐĞƌŽƉŽƵůŽƐ ƚŚĂŶĂƐŝŽƐ WƌŽĚƌŽŵŝƚŝƐ
Ϯϲ͘Ϭϳ͘Ϭϰ͘ Ϯϵ͘ϬϮ͘Ϭϰ͘
Ϭ ϱϭ
ϳϬ Ϭ
ϭϴ Ϭ
ϳϬ Ϭ
ƐƚĞƌĂƐ dƌŝƉŽůŝƐ WĂŶĂƚŚŝŶĂŝŬŽƐ
D/ &/ > Z^ /ŽĂŶŶŝƐ dƐŝĂǀŽƐ WĂŶĂŐŝŽƚŝƐ >ĂŶƚŝŬĂƐ ŝƐŝƐ dƐŝŬŽƐ ůĞĨƚŚĞƌŝŽƐ ŶĂƐƚĂƐŝĂĚŝƐ dŚĞŽĚŽƌŽƐ <ĂŶƚĞůŝƐ DŝĐŚĂŝů WĂƚŝƌĂƐ ŚĂƌĂůĂŵƉŽƐ WĂŶŽƐ
ϭϳ͘ϭϬ͘Ϭϰ͘ ϭϯ͘Ϭϭ͘Ϭϰ͘ ϭϯ͘Ϭϲ͘Ϭϰ͘ Ϭϲ͘ϬϮ͘Ϭϰ͘ ϭϳ͘Ϭϯ͘Ϭϰ͘ ϭϯ͘Ϭϱ͘Ϭϰ͘ ϬϮ͘Ϭϰ͘Ϭϰ͘
ϭϵ Ϭ ϰϯ Ϯϳ ϯϲ Ϯϳ ϭϵ
ϰϳ Ϯϯ Ϯϯ ϰϳ Ϯϯ ϱϱ ϱϱ
Ϭ Ϭ ϲϰ ϭϴ ϲ ϰϳ Ϯϯ
ϴ ϭϮ ϲϮ ϴ Ϯϯ ϯϲ ϰϳ
ƚƌŽŵŝƚŽƐ < W K< yĂŶƚŚŝ Ž ƐƚĞƌĂƐ dƌŝƉŽůŝƐ yĂŶƚŚŝ Ž KůLJŵƉŝĂŬŽƐ
ϭϵ
ϰϳ
Ϭ
ϴ
ƌŝƐ
ϱϭ ϱϭ ϯϰ ϰϯ
Ϭ ϭϱ ϰϳ Ϯϯ
ϲϰ ϱϮ ϲ ϲϰ
ϱϴ ϯϰ Ϯϯ ϰϳ
W K< WĂŶĂƚŚŝŶĂŝŬŽƐ WĂŶĂƚŚŝŶĂŝŬŽƐ W K<
ϭ ϭ Ϯ
&KZt Z 'ĞŽƌŐŝŽƐ ŚĂƚnjŝŝŽĂŶŶŽƵ
ϭϬ͘Ϭϭ͘Ϭϰ͘
>ĂŵƉƌŽƐ ^ŵLJƌůŝƐ <ŽŶƐƚĂŶƚŝŶŽƐ sŽůĂŬŝƐ ǀĂŶŐĞůŽƐ ŝŵŽƐ 'ĞŽƌŐŝŽƐ <ŽƵƚƐŝĂƐ
ϭϮ͘Ϭϳ͘Ϭϰ͘ ϮϮ͘ϭϬ͘Ϭϰ͘ Ϭϱ͘Ϭϯ͘Ϭϰ͘ Ϭϴ͘ϬϮ͘Ϭϰ͘
ϭ
ϭ
' с ŐŽĂů͖ Ϭ с ƵŶƵƐĞĚ ƐƵďƐƚŝƚƵƚĞ ͖
^d d/^d/ ^
< z & dhZ ^
K , / Ăŵ ŚĂƉƉLJ ǁŝƚŚ ŵLJ ƚĞĂŵ ďĞĐĂƵƐĞ ƚŚŝƐ ŝƐ ŽƵƌ ĨŝƌƐƚ ĐŽŵƉĞƚŝƚŝŽŶ͕ ĂŶĚ / Ăŵ ŵŽƐƚ ƉůĞĂƐĞĚ ǁŝƚŚ ƚŚĞ ĨĂĐƚ ƚŚĂƚ ǁĞ ƐĂǁ Ă ŵĂƌŬĞĚ ŝŵƉƌŽǀĞŵĞŶƚ ĨƌŽŵ ĞĂĐŚ ŵĂƚĐŚ ŝŶ ƚŚĞ ŐƌŽƵƉ ƉŚĂƐĞ ƚŽ ƚŚĞ ŶĞdžƚ͘ dŚĞ ĐŽŵƉĞƚŝƚŝŽŶ Ăƚ ƚŚĞ ƚŽƵƌŶĂŵĞŶƚ ǁĂƐ ƐƚƌŽŶŐ ĂŶĚ ƚŚŝƐ ǁĂƐ Ă ŐƌĞĂƚ ĞdžƉĞƌŝĞŶĐĞ ĨŽƌ ƵƐ ďĞĐĂƵƐĞ ŽĨ ƚŚĞ ƐĞǀĞƌĂů ĚŝĨĨĞƌĞŶƚ ƉŚŝůŽƐŽƉŚŝĞƐ ĂŶĚ ƐƚLJůĞƐ ŽĨ ƉůĂLJ ĂŵŽŶŐ ƚŚĞ ŽƚŚĞƌ ƚĞĂŵƐ͕ ǁŚŝĐŚ ŝƐ ǁŚLJ ŝƚ ǁĂƐ Ă ďŝŐ ĞdžƉĞƌŝĞŶĐĞ ĨŽƌ ƵƐ ƚŽ ƐĞĞ ƚŚŝƐ ĂŶĚ ƚŽ ĐŽŵƉĞƚĞ ǁŝƚŚ ƚŚĞŵ͘ dŚĞ ŽƌŐĂŶŝnjĂƚŝŽŶ ŽĨ ƚŚĞ ƚŽƵƌŶĂŵĞŶƚ ǁĂƐ ĞdžĐĞůůĞŶƚ ĂŶĚ / Ăŵ ƐƵƌĞ ŝƚ ǁŝůů ďĞ ďĞƚƚĞƌ ĂŶĚ ďĞƚƚĞƌ ĞĂĐŚ LJĞĂƌ͘
ůĞĨƚŚĞƌŝĂĚŝƐ dŚĞŽĚŽƌŽƐ
dĞĂŵ ^ŚĂƉĞ ĞĨĞŶĚŝŶŐ ƚƚĂĐŬŝŶŐ
Z ^h>d^
'ƌĞĞĐĞͲDĞdžŝĐŽ ϭ͗ϰ͖ 'ƌĞĞĐĞͲ^ĞƌďŝĂ Ϯ͗Ϭ͖ 'ƌĞĞĐĞͲ<ŽƌĞĂ Ϯ͗ϭ
<KZ 'ƌŽƵƉ 'ƌĞĞĐĞ ͬ <ŽƌĞĂ ͬ DĞdžŝĐŽ ͬ ^ĞƌďŝĂ
^Yh W> z Z
KZE
'
^Z
D y
'Z
^s<
>h
ϯͲϮ
ϭͲϭ
ϭͲϮ
ϭͲϬ
Ϭ ϳϬ
ϳϬ Ϭ
ϯϰ ϯϲ
ϯϰ ϯϲ
ĂĞŐƵ & hϭϱ EĂŵLJĂŶŐũƵ &
'K >< W Z^ WĂƌŬ DĂŶŚŽ ,ĂŶ dĂĞŚƵŝ
Ϯϴ͘ϬϮ͘Ϭϰ͘ Ϭϱ͘Ϭϱ͘Ϭϰ͘
& E Z^ <ŝŵ ZĂĞǁŽŽ >ĞĞ 'LJƵďĂĞŬ <ŝŵ :ŝƐŽŽ ŚŽ zŽƵŶŐŬǁĂŶŐ >ĞĞ :ŝƐƵŬ <ŝŵ ŽŚLJƵŶ
ϭϮ͘Ϭϯ͘Ϭϰ͘ ϭϬ͘ϬϮ͘Ϭϰ͘ Ϯϰ͘ϭϮ͘Ϭϰ͘ ϭϭ͘Ϭϯ͘Ϭϰ͘ Ϭϲ͘Ϭϰ͘Ϭϰ͘ ϭϮ͘Ϭϱ͘Ϭϰ͘
ϭ
ϳϬ ϳϬ ϳϬ ϱϵ ϳϬ ϭϭ
ϳϬ ϳϬ ϳϬ ϱϯ ϭϳ ϳϬ
ϳϬ ϳϬ ϳϬ ϲ ϳϬ ϲϭ
ϳϬ ϳϬ ϳϬ ϯϲ ϳϬ ϳϬ
:ĞŽŶďƵŬ ,LJƵŶĚĂŝ hϭϱ WŽŚĂŶŐ ^ƚĞĞůĞƌƐ hϭϱ ^ĞŽŶŐŶĂŵ & hϭϱ :ĞŽŶďƵŬ ,LJƵŶĚĂŝ hϭϱ :ŽŽŶŐĚŝŶŐ DŝĚĚůĞ ^ĐŚŽŽů hůƐĂŶ ,LJƵŶĚĂŝ hϭϱ
>ĞĞ ŽŶŐŚLJĞŽŶ
ϭϰ͘Ϭϯ͘Ϭϰ͘
ϭ
ϯϰ
ϱϯ
ϭϰ
ϯϲ
:ĞŽŶŶĂŵ ƌĂŐŽŶƐ hϭϱ
D/ &/ > Z^ <ĂŶŐ ŚŝǁŽŽ zĂŶŐ dĂĞLJĂŶŐ ^ŽŶ ,ǁŝ :ĞŽŶ zƵƐĂŶŐ >ĞĞ ^ƵŵŝŶ ,ĂŶ :ĂĞŚƵŶ <ŝŵ <ǁĂŶŐǁŽŶ
Ϭϴ͘Ϭϲ͘Ϭϰ͘ Ϭϴ͘Ϭϰ͘Ϭϰ͘ Ϭϯ͘Ϭϰ͘Ϭϰ͘ ϭϭ͘Ϭϭ͘Ϭϰ͘ Ϯϰ͘Ϭϲ͘Ϭϰ͘ Ϯϱ͘Ϭϭ͘Ϭϰ͘ Ϭϲ͘Ϭϭ͘Ϭϰ͘
ϭϲ ϱϰ ϱϵ ϲ ϯϲ ϭϲ ϱϰ
ϳ ϲϯ ϳϬ Ϭ ϭϳ ϯϰ ϯϲ
ϱϬ ϮϬ ϯϰ ϯϲ ϱϲ ϯϲ ϯϰ
ϵ ϲϭ ϳϬ Ϭ ϯϰ Ϭ ϯϰ
WŽŚĂŶŐ ^ƚĞĞůĞƌƐ hϭϱ WLJĞŽŶŐƚĂĞŬ ůƵĞǁŝŶŐƐ ^ƵǁŽŶ & hϭϱ ^Ğŝů DŝĚĚůĞ ^ĐŚŽŽů WŽŚĂŶŐ ^ƚĞĞůĞƌƐ hϭϱ ^ƵǁŽŶ & hϭϱ & ^ĞŽƵů hϭϱ
&KZt Z ^ŽŶŐ ,LJĞŽŬ ^ŽŶŐ ,ĂŶƌŽŬ
ϭϵ͘Ϭϭ͘Ϭϰ͘ Ϭϳ͘Ϭϭ͘Ϭϰ͘
ϲϱ ϭϭ
ϳϬ ϳϬ
ϯϰ ϯϲ
ϱϴ ϭϮ
hůƐĂŶ ,LJƵŶĚĂŝ hϭϱ WŽŚĂŶŐ ^ƚĞĞůĞƌƐ hϭϱ
ϭ ϭ
ϭ
ϭ
' с ŐŽĂů͖ Ϭ с ƵŶƵƐĞĚ ƐƵďƐƚŝƚƵƚĞ ͖
^d d/^d/ ^
< z & dhZ ^
K , &ŝƌƐƚůLJ͕ ŝŶ ƐŝĂ ǁĞ ůĂĐŬ ƚŚĞ ŽƉƉŽƌƚƵŶŝƚLJ ƚŽ ƉůĂLJ ƚŽƵƌŶĂŵĞŶƚƐ ůŝŬĞ ƚŚŝƐ ŝŶ ǁŚŝĐŚ ƚŚĞƌĞ ŝƐ ƐƚƌŽŶŐ ĐŽŵƉĞƚŝƚŝŽŶ ďĞƚǁĞĞŶ ƚĞĂŵƐ ǁŚŽ ƉůĂLJ Ăƚ Ă ŚŝŐŚ ůĞǀĞů͕ ĂŶĚ ƚŚĂƚ͛Ɛ ǁŚLJ ƚŚŝƐ ŚĂƐ ďĞĞŶ ƐƵĐŚ Ă ŐŽŽĚ ĞdžƉĞƌŝĞŶĐĞ ĨŽƌ ƵƐ͘ dŚĞ ŽƌŐĂŶŝnjĂƚŝŽŶ ŽĨ ƚŚĞ ƚŽƵƌŶĂŵĞŶƚ ǁĂƐ ǀĞƌLJ ŐŽŽĚ ʹ ƚŚĞ ĐŽŵƉĞƚŝƚŝŽŶ͕ ƚŚĞ ƉŝƚĐŚĞƐ͕ ĞǀĞƌLJƚŚŝŶŐ ĞůƐĞ͘ dŚĞƌĞ͛Ɛ ĂůƐŽ ƌŽŽŵ ƚŽ ŐƌŽǁ͕ ďƵƚ / Ăŵ ĐĞƌƚĂŝŶ ƚŚĂƚ ƚŚŝŶŐƐ ǁŝůů ďĞ ŝŵƉƌŽǀĞĚ ĞǀĞŶ ŵŽƌĞ ŶĞdžƚ LJĞĂƌ͕ ĂƐ ƚŚŝƐ ǁĂƐ ƚŚĞ ŝŶĂƵŐƵƌĂů ƚŽƵƌŶĂŵĞŶƚ͘ / Ăŵ ĂůƐŽ ŚĂƉƉLJ ǁŝƚŚ ŚŽǁ ŵLJ ƚĞĂŵ ŚĂƐ ƉĞƌĨŽƌŵĞĚ Ăƚ ƚŚŝƐ ƚŽƵƌŶĂŵĞŶƚ͘ / ƚŚŝŶŬ ǁĞ ƉůĂLJĞĚ ŐŽŽĚ ĨŽŽƚďĂůů ĂŶĚ ŵĞƚ ŵŽƐƚ ĐŚĂůůĞŶŐĞƐ͘ ^ŽŶŐ <LJƵŶŐƐƵď
dĞĂŵ ^ŚĂƉĞ
ĞĨĞŶĚŝŶŐ ƚƚĂĐŬŝŶŐ
Z ^h>d^
<ŽƌĞĂͲ^ĞƌďŝĂ ϯ͗Ϯ͖ <ŽƌĞĂͲDĞdžŝĐŽ ϭ͗ϭ͖ <ŽƌĞĂͲ'ƌĞĞĐĞ ϭ͗Ϯ
'ƌŽƵƉ 'ƌĞĞĐĞ ͬ <ŽƌĞĂ ͬ DĞdžŝĐŽ ͬ ^ĞƌďŝĂ
^Yh W> z Z
KZE
'
<KZ 'Z D y ,E
ϮͲϯ ϬͲϮ ϭͲϮ
'K >< W Z^ ĞũĂŶ ĂǀŝĚŽǀŝđ <ŽƐƚĂ ZĂŬŽŶŝđ
>h
ϰͲϭ
ϭϵ͘Ϭϯ͘Ϭϰ͘ Ϯϱ͘ϭϬ͘Ϭϰ͘
ϳϬ Ϭ
ϳϬ Ϭ
Ϭ ϳϬ
ϳϬ Ϭ
ĞŵƵŶ WĂƌƚŝnjĂŶ
Ϯϰ͘Ϭϭ͘Ϭϰ͘ Ϯϰ͘Ϭϭ͘Ϭϰ͘ Ϭϵ͘Ϭϰ͘Ϭϰ͘
ϳϬ ϭϭ Ϭ ϳ
ϭϱ ϳϬ ϲ ϱϱ
ϯϲ ϳϬ Ϭ ϰ
Ϭ ϳϬ ϴ Ϭ
ĞŵƵŶ ZĂĚ Ͳ sŽũǀŽĚŝŶĂ
9ODGLPLU *ROGLQ
ϬϮ͘Ϭϭ͘Ϭϰ͘
Ϭ
Ϭ
Ϭ
Ϭ
ZĞĚ ^ƚ
9LNWRU 5DGRMHYLü 6LQLãD 7DQMJD 0DWHMD 6WHSDQRYLü
ϭϰ͘Ϭϳ͘Ϭϰ͘ ϭϭ͘Ϭϯ͘Ϭϰ͘ ϮϬ͘ϬϮ͘Ϭϰ͘
ϳϬ Ϭ Ϯϴ
ϳϬ Ϯϰ ϰϲ
Ϭ ϱϯ ϯϰ
ϳϬ Ϭ ϳϬ
ZĞĚ ^ƚĂƌ sŽũǀŽĚŝŶĂ WĂƌƚŝnjĂŶ
D/ &/ > Z^ DŝƌƐĂĚ DŝƌĂůũĞŵŽǀŝđ /ŐŽƌ DĂƌŝƐĂǀůũĞǀŝđ >ƵŬĂ ^ƚŽũĂŶŽǀŝđ DŝŚĂũůŽ WĞƚŬŽǀŝđ ^ĂŵĞƚ ĂǎĚĂƌ
Ϯϲ͘Ϭϰ͘Ϭϰ͘ ϭϮ͘Ϭϭ͘Ϭϰ͘ ϭϳ͘ϭϬ͘Ϭϰ͘ Ϯϳ͘Ϭϱ͘Ϭϰ͘ ϯϭ͘Ϭϭ͘Ϭϰ͘
ϭϭ ϱϵ ϰϳ Ϯϯ ϯϭ
ϱϱ ϭϱ ϰϲ ϲϰ Ϯϰ
ϳϬ ϳϬ ϯϲ ϯϰ ϭϯ
Ϭ ϯϲ ϳϬ Ϭ ϳϬ
E͘ WĂnjĂƌ :ƵŶŝŽƌƐ ƵŬĂƌŝēŬŝ WĂƌƚŝnjĂŶ WĂƌƚŝnjĂŶ WĂƌƚŝnjĂŶ
&KZt Z hƌŽƓ <Ăďŝđ
Ϭϭ͘Ϭϭ͘Ϭϰ͘
ϰϳ
ϯϰ
ϰϳ
ϯϰ
sŽũǀŽĚŝŶĂ
DĂƚĞũĂ 'ůƵƓēĞǀŝđ
ϭϯ͘Ϭϲ͘Ϭϰ͘
ϭ
ϳϬ
ϭϱ
ϳϬ
ϳϬ
ZĞĚ ^ƚĂƌ
DŝŚĂũůŽ ^ƉĂƐŽũĞǀŝđ DĂƌŬŽ >ĂnjĞƚŝđ sĂŶũĂ sůĂŚŽǀŝđ ŽƌŝƐ ^ŵŝůũŬŽǀŝđ
ϭϱ͘ϬϮ͘Ϭϰ͘ ϮϮ͘Ϭϭ͘Ϭϰ͘ Ϯϯ͘Ϭϯ͘Ϭϰ͘ ϭϴ͘Ϭϭ͘Ϭϰ͘
ϭ ϯ Ϯ
ϳϬ ϳϬ Ϭ Ϯϯ
ϯϲ ϳϬ ϱϱ Ϭ
Ϯϯ ϯϰ ϯϲ ϳϬ
ϳϬ ϲϮ ϱϬ ϮϬ
ƵŬĂƌŝēŬŝ ZĞĚ ^ƚĂƌ WĂƌƚŝnjĂŶ WĂƌƚŝnjĂŶ
& E Z^ 0LODQ 7HãDQRYLü 9XNDãLQ ĈXUÿHYLü $OHNVDQGDU 0DUWLü 'UDJDQ 7UQLQLü
' с ŐŽĂů͖ Ϭ с ƵŶƵƐĞĚ ƐƵďƐƚŝƚƵƚĞ ͖
^d d/^d/ ^
< z & dhZ ^
K , &Žƌ ƵƐ͕ ƚŚŝƐ ƚŽƵƌŶĂŵĞŶƚ ŝƐ ĂŶ ŝĚĞĂů ŝŶĚŝĐĂƚŽƌ ŽĨ ƚŚĞ ƐƚĂƚĞ ŽĨ ŽƵƌ ĨŽŽƚďĂůů͘ / Ăŵ ƉůĞĂƐĞĚ ǁŝƚŚ ƚǁŽ ƚŚŝŶŐƐ ʹ ĨŝƌƐƚůLJ͕ ǁĞ ƐĂǁ ǁŚĞƌĞ ǁĞ ĂƌĞ ŝŶ ƚĞƌŵƐ ŽĨ ƚŚĞ ŽƚŚĞƌ ŶĂƚŝŽŶƐ͕ ĞǀĞŶ ƚŚŽƵŐŚ ǁĞ ŚĂĚ ůŽŶŐ ƚŽůĚ ŽƵƌƐĞůǀĞƐ ƚŚĂƚ ǁĞ ĐĂŶ ƉůĂLJ ĂŐĂŝŶƐƚ ƚĞĂŵƐ ůŝŬĞ ƚŚĞƐĞ͖ ƐĞĐŽŶĚůLJ͕ / Ăŵ ŚĂƉƉLJ ǁŝƚŚ ƚŚĞ ƌĞƐƵůƚ ǁĞ ŚĂǀĞ ĂĐŚŝĞǀĞĚ ďĞĐĂƵƐĞ ŝƚ ƐŚŽǁƐ ƚŚĂƚ ǁĞ ǁĞƌĞ ƌŝŐŚƚ ĂŶĚ ƚŚĂƚ ǁĞ ƚƌƵůLJ ĚŽ ŶŽƚ ŚĂǀĞ Ă ƐLJƐƚĞŵ ƚŚĂƚ ŝƐ ĐŽŵƉĞƚŝƚŝǀĞ ŝŶ Ă ƐĞƌŝŽƵƐ ĐŽŶƚĞdžƚ͘ / ĂůƐŽ ǁĂŶƚ ƚŽ ƉƌĂŝƐĞ ƚŚĞ ŽƌŐĂŶŝnjĂƚŝŽŶ ĂŶĚ ƋƵĂůŝƚLJ ŽĨ ƚŚŝƐ ƚŽƵƌŶĂŵĞŶƚ͘ tĞ ĂƌĞ ƚƌƵůLJ ŚŽŶŽƌĞĚ ƚŽ ŚĂǀĞ ƉĂƌƚŝĐŝƉĂƚĞĚ͕ ĂŶĚ ǁĞ ŚŽƉĞ ƚŽ ĐŽŶƚŝŶƵĞ ŽƵƌ ĞdžĐĞůůĞŶƚ ĐŽůůĂďŽƌĂƚŝŽŶ ǁŝƚŚ ƚŚĞ ƌŽĂƚŝĂŶ &ŽŽƚďĂůů &ĞĚĞƌĂƚŝŽŶ ĂŶĚ ƚŽ ƉĂƌƚŝĐŝƉĂƚĞ Ăƚ ĨƵƚƵƌĞ ƚŽƵƌŶĂŵĞŶƚƐ ƚŚĂƚ ĂƌĞ ĂƐ ĐŽŵƉĞƚŝƚŝǀĞ ĂƐ ƚŚŝƐ ŽŶĞ͘
ůĞŬƐĂŶĚĂƌ ^ƚĞǀĂŶŽǀŝđ
dĞĂŵ ^ŚĂƉĞ ĞĨĞŶĚŝŶŐ ƚƚĂĐŬŝŶŐ
Z ^h>d^
^ĞƌďŝĂͲ<ŽƌĞĂ Ϯ͗ϯ͖ ^ĞƌďŝĂͲ'ƌĞĞĐĞ Ϭ͗Ϯ͖ ^ĞƌďŝĂͲDĞdžŝĐŽ ϭ͗Ϯ